Real estate market (REM) is an important market whose capital accounts for a large amount of the national economy. The volatility of the REM has a direct impact on the economy and society. Therefore, the measurement, the evaluation and the trend forecast of the REM’s volatility is a very important task in order to implement the policy of macroeconomic stabilization, to undergo timely reaction preventing and overcoming the instability, the collapse of the REM, to help the market players make suitable decisions consistent with the market trend.